Team

VCAP Solutions management team has held leadership roles at global banks, insurance companies, and asset management firms, bringing firsthand experience in the management of structured product portfolios.

Charles McLendon - Managing Partner

Charles McLendon has over 24 years of experience across a variety of fixed income asset classes. Most recently he was President and CIO of Primus Guaranty, responsible for the management of all Primus's proprietary and third-party managed portfolios, including the firm's CDPC business($24B portfolio) and its managed CSO and CLO portfolios. Previously, he held multiple leadership roles at Bank of America including Global Head of Investment Grade Group responsible for investment grade sales, trading and syndicate activities; including corporate bond, credit derivatives and structured credit products, as well as managing structured credit investment vehicles. He was also Head of Global Structured Products, which provided structured credit, investment and tax solutions across a range of asset classes. GSP included credit derivatives, CDOs, pension, insurance, and tax products. Prior to that role, he was Head of Structured Credit Products, responsible for the credit derivatives, corporate CDO and CLO businesses. Internal board responsibilities included BAS, Japan; Blue Ridge Funding; Principal Finance Group. He led strategic investments and sat on the boards of Vertical Capital, InCapital, and Markit Partners. Previous to Bank of America, he was Co-Head of Credit and Interest Derivatives at UBS, Head of Marketing for General Re Financial Products, and was a Vice President in Sales and Trading at Bankers Trust. He has a BA from the University of North Carolina and an MBA from the Darden School of Business.

cmclendon@vcapsolutions.com